Property & Construction · Real Estate Development
| Year | Revenue | Net profit | EPS |
|---|---|---|---|
| 2025 | Rs 27.0M | Rs 13.4M | 33.68 |
| 2024 | Rs 27.0M | Rs 49.4M | 123.86 |
| 2023 | Rs 27.0M | Rs 28.9M | 72.44 |
| 2022 | Rs 27.0M | Rs 62.3M | 156.25 |
| 2021 | Rs 28.5M | Rs 19.1M | 47.97 |
| 2020 | Rs 26.4M | Rs 76.6M | 212.65 |
| 2019 | Rs 26.4M | Rs 7.1M | 19.75 |
Serendib Land PLC is a Colombo Stock Exchange–listed property company whose principal activity is the leasing of office premises for commercial purposes. The Company is classified in the Real Estate Management & Development sector and is described on the exchange as a Property Developer. Its operations are focused on ownership and leasing of investment properties and recognition of rental income from operating leases; the Company also accounts for leases where it is a lessee through right-of-use assets and lease liabilities under its accounting policies. Details of movements in investment properties are disclosed in the financial statements. The Company prepares its financial statements in accordance with Sri Lanka Accounting Standards and reports under the Listing Rules of the Colombo Stock Exchange. It operates in Sri Lanka.
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Serendib Land PLC has appointed Rajiv Dharmendra, CEO of MAS Intimates, as an Independent Non‑Executive Director. Dharmendra has over 21 years at MAS Holdings and was also appointed a Non‑Executive Director of Sri Lanka Insurance Corporation effective 1 Jan 2025.
Serendib Land PLC appointed Premarajah Pranavan as an Independent Non-Executive Director and Senthilverl Senthi Aathavan as a Non-Independent Non-Executive Director to its board.
Sri Lanka's construction PMI rose in June, signaling expansion, though firms cited skilled labor and bitumen shortages. Cabinet cleared procurement for Phase 1 of the Ruwanpura Expressway and approved 23 regional industrial projects. Treasury allowed repricing of state contracts to reflect higher costs. In property, high-end condos led Q1 sales while volumes fell.
Auto-generated from 29 sector news articles over 30 days. Not investment advice. 2 more stories on the sentiment page.